ZRS Management · 2 months ago
Senior Property Accountant - Hybrid
Orlando, FL
Full-time
Hybrid
Mid, Senior Level
3+ years expZRS Management is a company focused on property management, and they are seeking a Senior Property Accountant to handle full-cycle accounting for a portfolio of multifamily properties. The role involves preparing financial statements, managing cash flow, and ensuring timely financial reporting to clients.
Real Estate
Responsibilities
Preparation of monthly financial statements for multiple properties
Review of financial statements to provide comments on the properties within their portfolio
Responsible for the accuracy and timeliness of the financial reports required by ZRS and our third-party clients
Responsible for cash flow management and anticipation of future cash deficiencies for each of the properties assigned. This includes monitoring the daily cash balances and keeping a cash log for all transactions
Monthly bank reconciliations, including follow-up and correction of outstanding items
Assistance with the review of bank reconciliations prepared by Property Accountants, as needed
Management of the payment of invoices and ensuring the timeliness of payments according to the AP schedule for the particular property
Responsible for overseeing and following up on critical payments such as real estate taxes, insurance, debt service, etc. for all assigned properties
Calculation and processing of required cash distributions to owners
Setting up of electronic fund transfers within the various banking portals
Communication with on-site teams and other members of the Property Management hierarchy to assist in completing pre-close and close activities, answering financial statement questions, providing support, and ensuring completion of accounting processes for timely delivery to our clients
Accounting Month End (AME) Preparation – Reviewing of all site reports against general ledger reports and approval of the advancement of the month-end date (when needed) for the site to continue working on the following month period
Financial Statement Preparation (Prelims) - Responsible for recording all necessary journal entries throughout the month and preparing financial statements/reporting packages in a timely manner
Calculation and review of asset and management fees to ensure accuracy
Reconciliation and understanding of all balance sheet accounts and preparation of all supplementary reporting as required (Balance Sheet Schedules)
Monthly general ledger close
Responding to inquiries in a timely manner
Monitoring of debt levels and compliance with debt covenants
Review of lender escrows (taxes/insurance) and replacement reserve escrows to ensure adequate funds are available for future use. Monthly reconciliation of escrows and reserves, when applicable
Reviewing and posting accruals and reclasses, as needed
Assistance with the preparation of supporting working papers and documentations for year-end audit processes
Assistance with setting up properties within the accounting software and preparing opening entries for new properties and closing entries for sold properties
Preparation of final operating statements, funds distributions, reconciliations, closing of bank accounts, and any other relevant closing duties for all sold properties
Annual follow-up on the status of budgets throughout the draft, revised, and final stages to ensure completion and upload within the assigned deadlines. If a budget reforecast is needed, follow up with Regional Managers to ensure the reforecasted budget is uploaded into the system
Participation in round table discussions to address any necessary updates to the policies and procedures for the Accounting Department
Assistance with training associates on all aspects of the Accounting Cycle, as needed
Assistance with special or ad hoc projects and other tasks as needed
Qualification
Required
3+ Years of Accounting Experience – Residential Property Accounting preferred
4 yr. Accounting or Finance Degree required
Possesses excellent computer skills, including proficiency in the software utilized for the specific property
Knowledge of Real Page/Yardi/MRI
Proficient in Microsoft Office
Able to read and write in English in a professional manner
Ability to follow and apply Generally Accepted Accounting Principles (GAAP)
Ability to perform cash forecasting, planning and management
Ability to review and analyze financial statements
Excellent analytical, communication, and organizational skills
Ability to allocate one's time effectively by prioritizing workload, handling multiple demands, working under pressure, and meeting tight deadlines
Strong customer service and interpersonal skills
Independent and autonomous work style
Demonstrated effective communication skills
Detail-oriented
Knowledge of business practices and principles
Ability to develop and sustain cooperative working relationships and act as a team player
Ability to handle multiple projects and tasks
Ability to train others
Ability to maintain confidentiality
Company
ZRS Management
ZRS Management is a Florida-based apartment and multifamily property management company
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Steve Buck
Board Member
Recent News
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